Earnest Sweat, a tech innovation expert, was a guest on the latest edition of the REIT Report podcast. In the last of a three-part miniseries, Sweat continued to examine the intersection of AI with the REIT sector, focusing on how REITs can evaluate AI pilots, partnerships, and capabilities.
Sweat is a venture capitalist and general partner at Stresswood, an early-stage fund focused on backing exceptional founders building the next wave of enterprise technology.
During the interview, Sweat discussed critical questions a REIT leader should ask before launching an AI initiative, as well as how REITs can balance the promise of AI with the reality of implementation, and how REIT leaders should effectively communicate the value and purpose of AI initiatives to their teams.
Sweat also emphasized that REITs play such an important role in where we live, work, and play, and incorporating technology to serve the various customer bases even better, and to empower REIT employees, will be done by AI. “Just remember, don't wait until it's too late and perfect. Be a part of that shaping,” he urged.